660

'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month (toronto.ctvnews.ca)

submitted 2 years ago by girlfreddy@lemmy.ca to c/canada@lemmy.ca

294 comments fedilink hide all child comments

The landlord had told them he wanted to raise the rent to $3,500 and when they complained he decided to raise it to $9,500.

“We know that our building is not rent controlled and this was something we were always worried about happening and there is no way we can afford $9,500 per month," Yumna Farooq said.

you are viewing a single comment's thread
view the rest of the comments

[-] Xanthrax@lemmy.world 24 points 2 years ago* (last edited 2 years ago)

I've NEVER met a landlord who had low prices, just government subsidized low income housing. Even large real-estate companies/ banks tend to offer better prices. Landlords fucking suck. Investing in a house, is like "investing" in water. You're just spending money to increase demand and make money, on SOMETHING PEOPLE NEED TO LIVE.